These are good results. Of course, the key question, and the question that will determine the success of the Direct Auctions feature, is what the sell-through rates look like. Sedo hasn’t released this data.

I suspect early sell-through rates were quite low. As I explained when the service debuted, I think sales success will be self-correcting. People will learn which types of domain names are liquid and can be sold through the service, and will eventually let the $59 fee guide their decision on which domains to submit and at what reserves.